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What is Montmorency Ltée Income Statement Analysis about?
Montmorency Ltée reported condensed income statement data for the year ended August 31, 2018, including $7.2 million in sales revenue and $4.7 million in costs and expenses, comprising $4.03 million in cost of goods sold, $670,000 in administrative expenses, $560,000 in income tax expense, $270,000 in interest expense, $260,000 in selling expenses, and $110,000 in sales discounts. The gross profit margin was 44% and the profit margin was 22%.
- Author
- Miroslav Gegoski
- Language
- EN